ASSET PURCHASE AGREEMENTAsset Purchase Agreement • July 7th, 2006 • Firstcity Financial Corp • Short-term business credit institutions • Texas
This Asset Purchase Agreement (this “Agreement”), dated as of June [ ], 2006 (the “Effective Date”), is executed by and among NCS I, LLC, a Delaware limited liability company (“NCS”), and AMRESCO SBA Holdings, Inc., a Delaware corporation (“ASBA”), (NCS and ASBA are referred to herein collectively as “Sellers”), American Business Lending, Inc., a Texas corporation (the “Purchaser”), FirstCity Business Lending Corporation, a Texas corporation (“FirstCity BLC”), and FirstCity Financial Corporation, a Delaware corporation (“FirstCity”).
